Crisil Dividend 2024 Ex-Date: Crisil is a financial services company and has announced that it will pay a 280 per cent dividend to its shareholders. Crisil’s stock will trade ex-dividend on March 28. A dividend is a reward that a company pays to its investors for their investment in the business. It is paid in cash from earnings.
A dividend is always calculated and paid on the face value of each stock. The current face value of Crisil shares is Re 1. Accordingly, the 280 per cent dividend translates into Rs 28 per share. The company’s stock closed in the green after trading at Rs 4,995.05 apiece, up by 1.07 per cent, at the current market price, the dividend yield of the stock is 1.08 per cent.
“...The Board of Directors has also recommended final dividend of Rs. 28, per equity share of face value of Re 1 each, for the financial year ended December 31, 2023, subject to the approval of the shareholders at the ensuing Annual General Meeting,” the company said.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
2024-03-28T04:47:40Z dg43tfdfdgfd